Bills cracking down on cybercrimes, insider trading pass House

Legislation

Friday, February 01, 2019

The House passed bipartisan legislation intended to strengthen efforts to crack down on those who commit cyberattacks involving financial technology.

The House also passed bills intended to curb harm caused by illegal insider trading and to direct the Government Accountability Office to study the link between virtual currencies and drug and human trafficking.

The Federal Reserve Board, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. have issued information on the host state loan-to-deposit ratios, which are used to determine compliance under Section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. Review the ratios in Dodd Frank Update’s Library.